Hello and welcome back to Equity, the Tech Runge Podcast about the business of

startups where we unpack the numbers and the nuance behind the headlines.

This is Alex Good Morning. Today is April 15th, 2024.

Welcome to our Monday show,

where we take a look back at the weekend

and peak at the week that is to come.

Today on the podcast for you, have stocks and crypto including the upcoming

Bitcoin having an IPO update for a rubric for all you late-stage startup

fans out there open AI going to Japan, rising smartphone sales, layoffs at Tesla, and ShareChats new valuation.

It's a mixed bag this morning, but a great set of stories from all around the world.

Let's go. Let's start with a look at the world of money and that means the stock market.

Shares are lower in Asia, largely higher in Europe, and set to rise at the open here in the United States.

Now reading the financial press this morning, the chance of war between Israel and Iran is naturally clouding sentiment, but even given those

pressures shares are rising in many places. On the earnings front, good news. There's lots

of banking earnings to start the week, which we don't have to care about.

But then later on, we'll hear from ASML on Wednesday and TSC on Thursday.

So if you care a lot about the state of the semiconductor industry, well, good data is coming your way.

Elsewhere, Netflix and Nokia should drop their numbers later this week.

Things that have been more dynamic over in crypto where we have seen a sell-off in the last week.

Bitcoin is off about 8.6% in the last seven days to $66,000000 and Ethereum is off about 10.8% in the last week to $3.2,000.

Both recovered a little bit in the last 24 hours but smaller tokens took even more damage.

I've seen lots of declines in the 15% plus range over the last week,

...